G7 agreement
The G7 countries this weekend signed an agreement on a minimum global tax of 15% for large companies. It is expected to affect companies such as Google and Facebook, and make it harder to evade higher taxes through offshore co...
Epic games and Apple
A court in Oakland, California, will rule on Epic Games' antitrust suit against Apple within the next few weeks. This was reported by The Wall Street Journal.
At Monday's hearing, Judge Y...
Google conference
Google held a developer conference on Tuesday, showcasing Android OS updates and its software innovations.
Google's "for developers 2021 conference kicked off on 18 May, with Alphabet subsidiary (GOOG, GOOGL) hosting it online, st...
Trading results
US stock market rallied on Friday but ended the week in the red.
The Dow Jones Industrial Average index rose 360.68 points (1.06%) to 34382.13 points.
The Standard Poor's ...
Alphabet's earnings growth
Shares in Alphabet, Google's parent company, hit a 52-week high in early trading on Wednesday after the company reported a jump in profits and a 34% rise in revenues.
Alphabet (GOOGL, GOOG) reported its fin...
Apple's presentation
Apple has officially announced a presentation on 20 April, according to the company's website.
According to the published schedule, the presentation will take place on 20 April. However, the company did not specify what devices...
Semiconductor industry
Semiconductor manufacturers in the US could receive tax breaks to boost production of chips for the automotive and other equipment industries. Intel is preparing to help supply chips to automakers.
A three...
Contract to Sony
Netflix shares rose 1.4% on Thursday after the company announced a long-term contract from Sony Pictures Entertainment that will see both older films from the movie studio and 2022 releases appear on its streaming platform...
Amazon's revenue
Amazon's digital advertising business will grow even more than the company's e-sales and cloud computing businesses in 2020, according to eMarketer. Although this Amazon business has a much smaller share of the U...
New advertising tool
Facebook shares rose on Monday as the company launched a new advertising tool for streaming video platforms such as Netflix, Disney and others. Facebook's algorithms will offer social network users ...
Ten-year trial
The US Supreme Court ruled on Monday that Google's use of some 11,500 lines of Java code from Oracle for Android is fair use and does not violate copyright law.
Shares in Alphabet (GOOGL, GOOG), Google's parent company, rose 4.2% on ...
New chip plants in Arizona
Intel shares rose 3.7 percent after the company's new CEO announced plans to build two new plants for about $20 billion. Intel could expect success, given the global chip s...
Pinterest's long-term growth
Pinterest shares are increasingly the choice of investment firms and hedge funds that believe in better monetisation and more advertising products on the platform. That's what Pinterest is doing for its long-term growth....
A mind-reading bracelet
Facebook has demonstrated a prototype wristband that could make the use of smart glasses ubiquitous. Facebook has previously promised to launch its Orion smart glasses between 2023 and 2025. The technology could replace smart...
Consumer rights infringement
Video game developer Epic Games filed a complaint in the Federal Court of Australia on Wednesday against a branch of technology giant Google, accusing it of violating local consumer protection law. It...
US indices fall
Technology stocks declined on Wednesday and the preceding days, while stocks in the financial, industrial and other sectors, which could rise after a pandemic, increased.
Major US stock indices fell sharply on Wednesday, continuing ...
Tracking users
The Chrome web browser will not develop new ways to track users' online activity after abandoning third-party cookies that allow it to collect data about users to show them relevant online advertisements, according to a post on the of...
Smart watch
Facebook is developing a smartwatch, reportedly to be able to be used as a standalone talking device and will initially come with Google's Android OS.
Facebook (FB) is in the process of developing a smartwatch that will be a competitor ...
Mistake by Google
Google has been fined 1.1 million euros in France for mistakenly ranking hotels, according to a communique from the French competition, consumption and anti-fraud directorate-general (DGCCRF) of the Ministry of Economy.
"An invest...
Nvidia wants to buy Arm
US chipmaker Qualcomm has expressed its opposition to a possible acquisition of Arm by Nvidia, which last September said it was prepared to pay $40 billion ...
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